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What is the coverage of Construction Industry under Item 21 of Table B of the Rules?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 kiran asked over 2 years ago

Hi May I know, What is the coverage of Construction Industry under Item 21 of Table B of the Rules?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Chirag answered over 2 years ago

Construction Industry has been defined to be corresponding to para No. (5)(a) as specified in Schedule VI of the Companies Act, 2013. Para (5) of Schedule VI of the Companies Act, 2013 pertains to “Industrial, commercial and social development and maintenance” and covers “real estate development, including an industrial park or special economic zone” as per sub-clause (a). Hence, every construction activity in relation to the above are covered under the Rules.

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